Trade
Macron Says He and Biden Will ‘Fix’ US Climate-Subsidy Conflict
Joe Biden with Emmanuel Macron at the White House on Dec. 1.
Photographer: Brendan Smialowski/AFP/Getty Images
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French President Emmanuel Macron said he and Joe Biden agreed to “fix” a dispute over the US president’s Inflation Reduction Act, which includes new subsidies for North American-made electric vehicles that allies have criticized.
The two leaders discussed the matter when they met in Washington last week, Macron said. Before his talks with Biden, Macron warned that the act risks causing division among western countries and triggering a trade war.